United Arab Emirates: Frozen Lobster Market 2025

Frozen Lobster Market Size in the United Arab Emirates

In 2022, the frozen lobster market in the United Arab Emirates decreased by -1.9% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, saw a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Frozen Lobster Production in the United Arab Emirates

In value terms, frozen lobster production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 173% against the previous year. Frozen lobster production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Frozen Lobster Exports

Exports from the United Arab Emirates

In 2022, the amount of frozen lobster exported from the United Arab Emirates contracted to X tons, waning by -11% against the previous year. In general, exports showed a noticeable setback. The pace of growth appeared the most rapid in 2015 with an increase of 91%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen lobster exports contracted significantly to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 48%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Hong Kong SAR (X tons) and Bahrain (X tons) were the main destinations of frozen lobster exports from the United Arab Emirates, together comprising 72% of total exports. Egypt, Canada and Mauritius lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +64.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Hong Kong SAR ($X) and Egypt ($X) constituted the largest markets for frozen lobster exported from the United Arab Emirates worldwide, with a combined 85% share of total exports.

The United States, with a CAGR of +55.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen lobster export price amounted to $X per ton, declining by -5% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Lobster Imports

Imports into the United Arab Emirates

In 2022, frozen lobster imports into the United Arab Emirates fell remarkably to X tons, which is down by -35.6% against the year before. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 25%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, frozen lobster imports declined to $X in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when imports increased by 52%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons), France (X tons) and India (X tons) were the main suppliers of frozen lobster imports to the United Arab Emirates, together comprising 55% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +114.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen lobster suppliers to the United Arab Emirates were Canada ($X), France ($X) and the United States ($X), with a combined 65% share of total imports.

France, with a CAGR of +116.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen lobster import price amounted to $X per ton, with an increase of 39% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lobster import price increased by +85.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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